A shopkeper placed on display some shirts each with a marked price. He then posted a board $\frac{1}{4}$ off on shirts". If the cost of a shirt was $\frac{2}{3}$ of the price at which it was actually sold, the ratio of cost and marked price 01' shirt was

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INSURANCE EXAMS (UIIC) 2012 click here to view all questions

A shopkeper placed on display some shirts each with a marked price. He then posted a board $\frac{1}{4}$ off on shirts". If the cost of a shirt was $\frac{2}{3}$ of the price at which it was actually sold, the ratio of cost and marked price 01' shirt was

A1 : 2

B1 : 3

C2 : 3

D3 : 4

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Correct answer is: 1 : 2 Explanation: Let. S.P. of shirt = x $\text{C.P = }\frac{2x}{3}$ Therefore, Marked price $= \frac{4}{3} \times x = \frac{4x}{3}$ Therefore, Required ratio = $\frac{2x}{3} : \frac{4x}{3} = 1 : 2$ Nithin ? answered undefined All Comments

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